Italy: Concentrated Pineapple Juice Market 2024

Concentrated Pineapple Juice Market Size in Italy

In 2021, the Italian concentrated pineapple juice market increased by 17% to $X, rising for the second consecutive year after three years of decline. Overall, consumption showed a perceptible decrease. Concentrated pineapple juice consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Concentrated Pineapple Juice Exports

Exports from Italy

In 2021, after two years of growth, there was decline in overseas shipments of concentrated pineapple juice, when their volume decreased by -2.1% to X tons. Over the period under review, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 488% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, concentrated pineapple juice exports surged to $X in 2021. Overall, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 402% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Austria (X tons) was the main destination for concentrated pineapple juice exports from Italy, accounting for a 32% share of total exports. Moreover, concentrated pineapple juice exports to Austria exceeded the volume sent to the second major destination, Algeria (X tons), twofold. The third position in this ranking was held by Cyprus (X tons), with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Austria totaled +51.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (+31.5% per year) and Cyprus (+26.6% per year).

In value terms, Austria ($X) remains the key foreign market for concentrated pineapple juice exports from Italy, comprising 28% of total exports. The second position in the ranking was taken by the United States ($X), with a 13% share of total exports. It was followed by Cyprus, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to Austria totaled +42.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-5.0% per year) and Cyprus (+44.2% per year).

Export Prices by Country

The average concentrated pineapple juice export price stood at $X per ton in 2021, jumping by 21% against the previous year. Overall, the export price saw a measured increase. The growth pace was the most rapid in 2016 when the average export price increased by 64%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Algeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Pineapple Juice Imports

Imports into Italy

Concentrated pineapple juice imports into Italy reduced to X tons in 2021, dropping by -5.6% on the previous year. In general, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2020 when imports increased by 17% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, concentrated pineapple juice imports surged to $X in 2021. Overall, imports recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of 52% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of concentrated pineapple juice to Italy, with a 76% share of total imports. Moreover, concentrated pineapple juice imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Thailand (X tons), more than tenfold. The third position in this ranking was taken by Spain (X tons), with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands totaled +9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-26.7% per year) and Spain (+53.9% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of concentrated pineapple juice to Italy, comprising 77% of total imports. The second position in the ranking was held by Thailand ($X), with a 6.7% share of total imports. It was followed by Spain, with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands stood at +10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-24.2% per year) and Spain (+58.5% per year).

Import Prices by Country

The average concentrated pineapple juice import price stood at $X per ton in 2021, rising by 37% against the previous year. Overall, the import price saw a temperate increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 42% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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